As of Sunday, February 22, 2026, the market for Gold (XAU/USD) is currently in a high-stakes consolidation phase, centered around the massive psychological milestone of $5,100.
Since the spot market is currently closed for the weekend (reopening late tonight/early Monday), here is the technical setup and the "Buy/Sell" zones based on the latest closing data and market sentiment.
(Approx): $5,106 - $5,109
Market Sentiment: Bullish Neutral. Gold recently surged back above $5,000 following a landmark Supreme Court ruling on global tariffs, which triggered a scramble for safe-haven assets.Trend: The long-term trend remains bullish, but the short-term H4/Daily charts show a "Bollinger Squeeze," suggesting a big move is coming.
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You should look for Buying opportunities if the price holds above the $5,000 support.
Entry Zone: $5,040 – $5,080 (Look for a pullback to this area to buy the dip).
Take Profit (TP): $5,160, $5,210, and eventually $5,300.
Stop Loss (SL): Below $4,980 (a clean break here invalidates the current bullish leg).
Why: Strong central bank demand and geopolitical tensions near Iran are keeping a floor under the price.
